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Tag Archives: Trade and Development Bank

Parliament closes with the approval of 5 trillion shillings loans

Kampala, Uganda | THE INDEPENDENT |  The 10th Parliament has come to an end with the approval of five loans worth 4.8 trillion shillings in a few days. Parliament’s five-year term concludes today, Tuesday  the 11th of May 2021 according to the Speaker Rebecca Kadaga. On Monday, Parliament approved two loans …

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Gov’t move to borrow extra UGX 2.4 Trillion stirs mixed reactions

Kampala, Uganda | THE INDEPENDENT  | A government move to borrow 2.4 trillion shillings from Stanbic Bank and Trade and Development Bank to plug the budget deficit, has evoked mixed feelings from economists and observers. On Thursday, State Minister for Finance David Bahati tabled a request before parliament indicating that …

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